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“# Blockchain metaverse ecosystems gain traction as brands create digital experiences ” Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online. While the “Metaverse” is still a new concept, research firm Strategy Analytics found that the global Metaverse market is forecasted…
“#Neiman Marcus mulls splitting into 3 separate businesses” Neiman Marcus is exploring a possible corporate rejiggering that would split the luxury chain into three different businesses, separating its website from its stores and spinning off Bergdorf Goodman, The Post has learned. Neiman’s plans — which appear to mimic a closely watched strategy disclosed this spring…
“#Chewy picks legal dogfight as it makes aggressive push into the pet meds market” Chewy is making an aggressive push into the multibillion-dollar market for pet meds — and it’s picking a high-stakes legal fight in the process that has left some vets barking mad. Jonathan Detweiler, who co-owns Telford Veterinary Hospital outside Philadelphia, says…
“# Alibaba to ban crypto miner sales amid Chinese crackdown ” Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China. Alibaba officially announced Monday that its platform will prohibit sales of cryptocurrency miners and suspend categories for blockchain miners and accessories from…
“# NFT innovator HODL Assets acquires blockchain social commerce firm CoinLinked ” HODL Assets, a nonfungible token (NFT) aggregator platform, has announced the acquisition of blockchain-based social network and commerce platform CoinLinked. According to a release issued on Wednesday, Wall Street veteran and CoinLinked founder Jenny Ta will also join the HODL Assets team as…
“# Walmart seeks crypto product lead to drive digital currency strategy ” North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap. In the listing for the role, Walmart indicates it is looking for someone who has a track record…
“#Amazon stock tanks after weak earnings, massive fine” Amazon stock tanked after the company warned it expects sales growth to slow as the pandemic wanes, even as it got slapped with a record fine from the European Union. The Seattle-based e-commerce giant’s stock dropped more than 7 percent to 3,347.99 in midday trades on Friday…
“#Twitter begins testing shopping feature on brand profile pages” Twitter will begin allowing businesses to showcase products for sale at the top of their profile page, the social networking company said on Wednesday, as it seeks to grab a piece of the lucrative online shopping world. The San Francisco-based company is following in the footsteps…
“# Chicago Bulls team up with Shopify to launch NFT series ” The NBA’s Chicago Bulls have launched NFTs depicting six championship wins from the 1990s via leading e-commerce platform Shopify. Shopify is a multinational firm that provides website-based storefronts and payments infrastructure. Shopify president, Harley Finklestein, announced the NFT drop on Twitter earlier today….
“# Dogecoin becomes the 7th cryptocurrency accepted on Coinbase Commerce ” Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin payments. According to a Twitter announcement, Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin (BTC), Bitcoin Cash…